Reinsurance cover that is purchased by a ceding company to protect both itself and its reinsurers (usually in a quota share) and which applies to net and treaty losses combined. This may also be referred to as Common Account Excess of Loss Reinsurance.

A legal principle that permits the injured party in a tort action to recover the entire amount of compensation due for injuries from any tort feasor who is able to pay, regardless of the degree of that party's negligence.